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3 bed light industrial
Church Street, Modbury, Ivybridge PL21
£330,000
Church Street, Modbury, Ivybridge PL21
£330,000
Price History
Initial price | £350,000 |
06/09/24 | £330,000 |
Price Change | -5.71% |
Description
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Here is a summary of the property description in a single paragraph:
8 Church Street is a substantial investment opportunity in the heart of Modbury, a picturesque Georgian town in an Area of Outstanding Natural Beauty. The property features a prominent position on Modbury high street, with a commercial unit currently trading as a hair salon, as well as two residential units. The ground floor retail space has bay windows facing the high street and includes a small kitchenette area, storage, and WC. The two residential units, one with one bedroom and the other with two bedrooms, have separate access and retain character features throughout. The property is offered for sale freehold, subject to the current tenancies, with a gross rent of £25,800 per annum and a yield of 7.65%. The property is well-maintained and has been well-loved, with nearby amenities including a primary school, health centre, and shops.